Faraday Future is on schedule with factory construction

The company has announced now that they are on schedule and they are entering 'phase 2 of stage 1' on their project.

Published Fri, Feb 17 2017 4:26 PM CST   |   Updated Tue, Nov 3 2020 11:56 AM CST

At this year's CES, Faraday Future unveiled their highly anticipated electric vehicle - the FF 91. The FF91 is their first production vehicle, and the company plans for it to compete directly with Tesla.

Faraday Future is on schedule with factory construction 01 | TweakTown.com

However, the company has been struggling with certain financial problems for a while now. It was reported that the company had to stop factory construction to afford their glamorous event at CES.

Read also: Faraday Future stops factory construction to afford CES

The company has announced now that they are on schedule and they are entering "phase 2 of stage 1" on their project, meaning that they entered the competitive bidding process for the construction of their factory.

Faraday Future is on schedule with factory construction 02 | TweakTown.com

Faraday Future will move along with this competitive bidding process after vetted discussion, and we look forward to starting the construction of our Phase 2 plant as soon as possible. Our Phase 2 construction includes an additional facility which will be built onsite to deliver our flagship vehicle, the FF 91, including the ultra-luxury limited Alliance Edition models, for our first group of users globally.

Read also: Faraday Future unveils their first production vehicle

The production of the FF 91 is planned for 2018, and we will see if the company will stick with that schedule. The $180,000 priced electric car can accelerate from 0 to 60 mph in 2.39 seconds and comes with many interesting features like facial recognition technology, NASA-inspired zero gravity seats, and of course - the FF 91 can park itself.

The company also stated that they would invest $1B in the State of Nevada over the next few years which is where the facility is located.

Lana has a passion for technology and science. She spends her time looking for the latest and most interesting technology and science news. Her passion is in gadgets, wearables, and other cool and interesting applications of technology or science. She also spends her free time gaming in MMOs like World of Warcraft. She has prior experience covering technology for publications and breaking news. If she’s not doing either, you might just find her exploring the metaverse in VR. Lana wants to expand TweakTown’s coverage of mobile, wearables and gadgets while also bringing her experience with science and general tech to TweakTown. Her area of coverage is around science, technology, smartphones, wearables, and general neat gadgets. She hopes to one day be able to drive around in her self-driving car while she schedules an appointment for a SpaceX trip to the moon on her smartwatch.

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